Israeli health fund aMoon2 has raised $660 million, becoming the Jewish state’s largest venture capital firm.

Out of an estimated $1 billion in assets under management on aMoon’s investment platform, the goal of aMoon2, which launched in 2018, is to “harness untapped Israeli HealthTech innovation and capitalize on mid-late stage funding gaps in Israel and around the world. To date, the fund has invested in four Israeli companies and a fifth in Silicon Valley, founded by an Israeli entrepreneur,” according to a company statement.

The initial aMoon fund was founded in 2016 by Marius Nacht, co-founder and chairman of Check Point Software Technologies, and Yair Schindel.

Israel’s electronic medical records account for 98 percent of the population, going back two decades. The Israeli government recently launched a national project that will invest $272 million in digital health initiatives over the next five years.

“The convergence of medicine and technology is generating a wave of innovation capable of redefining medical care—beyond our imagination,” said aMoon’s anchor investor, Marius Nacht, co-founder and chairman of cybersecurity company Check Point Software Technologies. “This presents a unique opportunity both for impacting human life and for the investor community.”

aMoon and Credit Suisse announced in May 2018 a strategic partnership to enable investors with direct access to Israel’s rapidly growing health-tech sector.

“We believe our partnership with aMoon represents an attractive platform for investors, while providing the funding needed for disruptive businesses to drive the advancement of health care,” said Michel Degen, CEO of Credit Suisse Asset Management Switzerland and EMEA.